Fed's Pianalto Says US Economy Will Withstand Housing Slump Bloomberg - Nov. 7 (Bloomberg) - - The US economy will withstand the housing slump and grow at a ``moderate'' pace with slowing inflation, Cleveland Federal Reserve Bank ...

Everywhere we are hearing the same warnings: Consumer debt soars; bankruptcies skyrocket; companies layoff thousands; and the like. Let’s face it, the American wage earner is fast losing ground in the economic pursuit of “life, liberty and hap...

Spending on construction projects unexpectedly edged up in August as the best gain in nonresidential activity in 11 months offset another big decline in home building.